Yesterday, we informed you on our website that next year we will probably see a decrease in the share of the South Korean giant in the smartphone market. However, the fourth quarter of this year probably won't go as planned either. Samsung will not repeat the record profits from the second and third quarters with almost 100% certainty.

Demand for memory chips is falling

Many analysts were predicting a record full-year profit after the third quarter earnings were announced. Although the South Koreans had a really great footing to it, the profits began to decline over time. Many analysts began to slightly doubt the record and are now recalling their claims again. According to them, the memory chip market is mainly to blame. The demand for them, which has been very strong until now, has started to weaken more and more and is said to end soon. However, since this sector was really important to Samsung and a significant part of its profit came from there, the reduction will be reflected in its income significantly.

We'll see if Samsung really managed to break the sales record this year or not. After all, we're only a few weeks away from the release of his 2017 earnings total. Although breaking the record would definitely please the South Korean, they will not worry about not breaking it. This year was already really great for them, and apart from management problems, practically nothing bad happened to them.